Aave CEO Addresses DAO Vote Tensions and $AAVE Purchase Scrutiny
The post Aave CEO Addresses DAO Vote Tensions and $AAVE Purchase Scrutiny appeared on BitcoinEthereumNews.com.
Aave DAO vote concluded amid controversy, with Stani Kulechov denying influence from his $15 million $AAVE purchase timed just before the vote. He emphasized improving economic alignment between Aave Labs and token holders, highlighting the DAO’s $140 million earnings this year. Aave DAO vote rejected transferring brand assets from Aave Labs to token holders, with 55% voting no. Kulechov committed to clearer explanations of value creation for $AAVE holders by Aave Labs products. DAO treasury generated $140 million in 2025, surpassing prior three years combined, under token holder control. Aave DAO vote sparks governance debate: Stani Kulechov addresses $AAVE buy allegations, vows better Labs-token alignment. Discover vote details, earnings, and future steps. Stay informed on DeFi evolution—read now! What happened in the Aave DAO vote? The Aave DAO vote centered on a proposal to shift control of key brand assets like the aave.com domain, social media, trademarks, GitHub repositories, and naming rights from Aave Labs to the Aave DAO and $AAVE token holders. This initiative, authored by former Aave Labs CTO Ernesto Boado, aimed to align incentives given token holders’ economic risks. The vote ended with 55% against, 3.5% in favor, and 41% abstaining, amid claims of rushed escalation and concentrated voting power. Why did the Aave DAO vote expose tensions between Aave Labs and token holders? The Aave DAO vote highlighted longstanding frictions in decentralized finance governance. Aave Labs, the development entity behind the Aave lending protocol, maintains operational control over brand assets, while $AAVE token holders govern via the DAO. Boado’s proposal argued this setup risked Labs overreach, as token holders bear market volatility without full asset oversight. Snapshot data revealed voting power concentration: top three wallets held over 58%, with the largest at 27.06% and aci.eth at 18.53%, per reports from decentralized governance analysts. This structure raised…
Filed under: News - @ December 26, 2025 5:22 pm